Sequoia Financial Advisors LLC Sells 110,066 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Sequoia Financial Advisors LLC reduced its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,038,933 shares of the company’s stock after selling 110,066 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.07% of Schwab U.S. Large-Cap Growth ETF worth $30,347,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Sowell Financial Services LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.0% in the first quarter. Sowell Financial Services LLC now owns 34,595 shares of the company’s stock valued at $866,000 after buying an additional 1,320 shares during the period. Bessemer Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at approximately $52,000. HRC Wealth Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5.5% in the second quarter. HRC Wealth Management LLC now owns 2,267,730 shares of the company’s stock valued at $66,240,000 after buying an additional 118,980 shares during the period. Woodley Farra Manion Portfolio Management Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter valued at approximately $222,000. Finally, International Assets Investment Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.9% in the first quarter. International Assets Investment Management LLC now owns 20,421 shares of the company’s stock valued at $511,000 after buying an additional 956 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.4%

Shares of SCHG stock opened at $31.41 on Monday. The stock has a market cap of $50.18 billion, a P/E ratio of 34.24 and a beta of 1.10. The stock has a 50 day simple moving average of $31.12 and a 200 day simple moving average of $28.55. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $32.63.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.